Mumbai, June 17 -- Japan's core machinery orders rose 8.7% month-on-month to JPY 1,098.5 billion in April, rebounding from the previous month's decline. The increase was driven by stronger demand from both manufacturing and non-manufacturing sectors, with notable gains in shipbuilding, textiles, real estate, and transportation. On an annual basis, core machinery orders climbed 15.6%, marking a sharp acceleration and pointing to improving business investment activity in Japan.
Published by HT Digital Content Services with permission from Capital Market....